GUATEMALA CITY – Two former congressmen and an ex-mayor have been arrested in Guatemala for allegedly using illicit funds to finance a political party.
The federal prosecutors' office said Friday the three face charges of illegal campaign financing, embezzlement and other charges.
The three allegedly used the illicitly obtained funds to finance a small opposition political party known by its acronym as "Lider" in 2015 elections.
Investigators estimate the ring laundered about $33 million through about 200 fictitious companies.
Ten other people have been arrested in the case.